- Immobilien
- Nordrhein-Westfalen
- Kreis Köln
- Köln
- Top investment in the Stadtgarten area: Bright, 3-room apartment with a balcony.
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Top investment in the Stadtgarten area: Bright, 3-room apartment with a balcony.
50674 Köln (Innenstadt) – Nordrhein-WestfalenCONCRETE GOLD IN ITS BEST FORM
This bright, south-facing 3-room apartment with a balcony is located in a central city location, right next to the Stadtgarten, in the vibrant Belgisches Viertel district. It is situated on the 2nd floor of a multi-family building from the 1960s, which was renovated and modernized to new building standards in 2006, and further extended with a new addition and a rear courtyard extension. The property is being sold directly by the owner. The owner has meticulously designed and fitted out the apartment as a bespoke, timeless space with optimal room layout. It features two bedrooms with balcony access, an open-plan kitchen, a large bathroom with a bathtub and shower, and high-quality finishes, including an elevator and a storage room in the basement. Therefore, this ideal property continues to be highly sought after and remains fully on-trend in the increasingly scarce Cologne real estate market. Even back then, great emphasis was placed on quality, insulation, and energy efficiency. As a result, the building now benefits from very low maintenance fees and minimal heating/hot water costs (an exceptionally low €0.74 per square meter). The apartment will be handed over in a contemporary, well-maintained condition (without any outstanding renovation or modernization costs), and includes a rental agreement that has been running smoothly for 11 years. If the owner has a personal need for the property, the rental agreement can be terminated at any time within the legally required notice period. The best part is: the ideal 3-room layout, combined with top-quality features, guarantees consistently increasing demand and optimal potential for appreciation. At the same time, the apartment pays for itself for investors, even with the highest tax bracket, through rental income and tax advantages from the very beginning. The stepped rental agreement automatically improves profits every year. And buying directly from the owner also saves on real estate agent fees, amounting to €20,000. This is how retirement planning and asset building are done in the best possible way! In short, you are unlikely to find a comparable offer in the Belgian Quarter, a comparable top location in Cologne, or any German million-city! So, look forward to an outstanding price-performance ratio and the future-proof demand of the globally unique Cologne city lifestyle.
Are you interested in this apartment?
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Object Number
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OM-446176
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Object Class
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Apartment
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Object Type
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Terrace apartment
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Is occupied
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Occupied
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Handover from
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Immediately
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Purchase price & additional costs
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purchase price
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511.000 €
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Purchase additional costs
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approx. 40,080 €
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Total costs
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approx. 551,080 €
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HOA fee
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225 €
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Breakdown of Costs
* Costs for notary and land register were calculated based on the fee schedule for notaries. Assumed was the notarization of the purchase at the stated purchase price and a land charge in the amount of 80% of the purchase price. Further costs may be incurred due to activities such as land charge cancellation, notary escrow account, etc. Details of notary and land registry costs
Does this property fit my budget?
Estimated monthly rate: 1,891€
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Details
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Condition
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Well-kept
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Number of floors
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8
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Level
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2nd floor
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Usable area
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5 m²
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Bathrooms (number)
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1
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Bedrooms (number)
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2
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Flooring
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Parquet
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Heating
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Central heating
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Year of construction
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2006
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Equipment
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Balcony, Basement, Elevator, Full bath
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Infrastructure
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Pharmacy, Grocery discount, General practitioner, Kindergarten, Primary school, Secondary school, Middle school, High school, Comprehensive school, Public transport
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Information on equipment
Timeless and Future-Proof
* Modern, well-maintained 3-room apartment with a balcony and ideal layout.
* No outstanding renovation or modernization costs, with healthy reserve funds.
* Relatively quiet, despite its city location (bedroom faces a completely renovated, enclosed, and quiet courtyard).
* 6m2 balcony with solid wood flooring, overlooking the courtyard.
* Bedroom and study/children's room with direct access to the balcony.
* Both balcony entrances feature double-winged patio doors.
* Open-plan kitchen with a solid wood countertop.
* High-quality solid wood parquet flooring.
* Large, high-quality bathroom with a bathtub and shower, featuring a walk-in shower and a heated towel rail.
* High-quality branded sanitary fixtures and bathroom equipment (e.g., Duravit Starck, Hans Grohe).
* Water descaling system (currently in production).
* Smoothly plastered walls.
* Ceiling height: 2.50m.
* Approx. 5m2 cellar compartment.
* Complete renovation/modernization in 2006, with new construction of the units to new building standards and renewal of:
* Windows (rear building)
* Gas central heating
* Elevator
* Stairwell
* Intercom system
* Facade refurbishment
* Building extension
* Building insulation
* Roof
* NO COMMISSION – direct from the owner. (CO2-) FUTURE-PROOF
+ Very low heating/hot water costs (due to new construction quality and excellent insulation), only €0.74 per square meter per month.
+ Low building energy consumption of only 116.8 kWh/(m2a).
+ Future-proof in terms of CO2 emissions, with an energy performance certificate of class D (= well-renovated and not subject to mandatory renewal according to the German Energy Conservation Act).
+ Very low monthly service charges of only €3.21 per square meter.
+ Established, well-maintained, and well-managed owners' association since 2006.
+ Due to its prime location, excellent condition, top-quality features, ideal 3-room layout, balcony overlooking the courtyard, low monthly charges, and CO2 future-proofing...
=> ...high, sustainably increasing demand for rental and sale! => ...very good to optimal rental and appreciation potential! AVAILABLE FOR OWNER-OCCUPANCY.
The rental agreement can be terminated at any time within the statutory notice period if the owner requires the property for their own use. TOP INVESTMENT FOR INVESTORS
+ A unique package (location, property, apartment, features, lease agreement, homeowners' association, future security)
+ Exceptional value for a prime property: generates income that can offset even the highest tax rates for investors through rent and tax benefits.
+ Offers the highest level of "real estate security" in a context of increasingly volatile stock and financial markets, and geopolitical uncertainties.
=> Provides a secure, passive income stream and excellent asset building potential! = A very rare, potentially unique, and exceptionally secure top-tier investment in a prime city location!
Location
COLOGNE AT YOUR FEET
You are located in the heart of the Belgian Quarter, one of, if not the most, fashionable and sought-after districts of the city of Cologne. Just twenty steps away, you'll find yourself in the Stadtgarten, enjoying a vast park and one of Cologne's most popular beer gardens. At the same time, you are on a vibrant pedestrian and shopping street. Right outside your door, you'll find urban life and the highest concentration of shops, cafes, local pubs, trendy bars, clubs, and restaurants. However, you don't have to worry about any disturbances from the bustling life outside. The Venloer Straße is relatively quiet due to its single-lane traffic and numerous traffic lights. Furthermore, the two bedrooms/offices/children's rooms face the quiet backyard. Central S-Bahn, U-Bahn, and train connections at Hans-Böckler-Platz or Friesenplatz, the green belt, Ehrenstraße, the Friesenviertel, and the "Quartier Lateng," as well as the pedestrian city center, are just a few minutes' walk away. Direct road and highway connections radiate outwards in all directions. The main train station is only one stop away. The rest of the city, most cultural institutions, and the university are easily accessible in a short time, either on foot, by bicycle, or by public transport. In short, the city of Cologne bows down to you (and to the largest and most affluent customer base) and lies at your feet.
Location Check
Energy
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Energy certificate type
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Consumption certificate
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Main energy source
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Gas
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Energy consumption value
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116.80 kWh/(m²a)
Energy consumption for hot water included |
Miscellaneous
PLEASE PROVIDE INFORMATION ABOUT THE APPLICANT AND FINANCING.
PLEASE NOTE: We can only process inquiries that include a brief introduction of the applicant, details about the financing, and a phone number.
Broker inquiries not welcome! According to § 7 UWG, unsolicited contact by brokers without the express consent of the recipient is prohibited!
Topic portals
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